2025-08-31-accounts - The Community Of The Resurrection

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Company Registration No. 247772 Charity Registration No. 232670

The Community of the Resurrection

(A company limited by guarantee and not having a share capital)

Trustees' Report and Audited Financial Statements

For the year ended 31 August 2025

The Community of the Resurrection

Contents:
Trustees' Annual Report	Pages	1 to 20
Independent Auditor's Report	Pages	21 to 23
Consolidated Statement of Financial Activities	Page	24
Consolidated and Company Balance Sheet	Page	25 to 26
Statement of Cash Flows and Consolidated Cash Flows	Page	27
Notes to the Financial Statements	Pages	28 to 49

Company Registration No.247772 Charity Registration No.232670

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

The trustees present their annual report together with the consolidated financial statements of the charity and its subsidiaries for the year ended 31 August 2025 which are also prepared to meet the requirements for a group directors’ report and accounts for the purposes of the Companies Act 2006.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)’.

Company Registration Number: 247772 Charity Registration Number: 232670

Trustees/Directors: Father Oswin Philip Gartside CR

Father George Paul Guiver CR Brother Philip David John Nichols CR Father Thomas Christopher John Seville CR Brother Patrick Adrian Souter CR appointed 17 March 2025 Also in the year: Father John Gibson Gribben CR retired 17 March 2025 Registered office: The House of the Resurrection Stocks Bank Road Mirfield West Yorkshire WF14 0BN

Website: www.mirfield.org.uk

Head of Strategy & Finance: Father Nigel Wright resigned 19 August 2025

College Principal: The Right Reverend Mark Sowerby

Advisers:

Bankers: CAF Bank Limited - 25 Kings Hill Avenue, West Malling ME19 4JQ and HSBC Plc - 33 Park Row, Leeds LS1 1LD

Solicitors: Wrigleys Solicitors LLP - 3 Wellington Place, Leeds LS1 4AP Auditor: Forrest Burlinson Chartered Accountants – 20 Owl Lane, Dewsbury WF12 7RQ Investments: RBC Brewin Dolphin – 12 Smithfield Street, London EC1A 9BD

Custodian trustees of a jointly owned investment property: Richard Roberts and Mark Jones of Gedye & Sons, 15 Old Bailey, London EC4M 7EF

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Company Registration No.247772 Charity Registration No.232670

Introduction to the Community

www.mirfield.org.uk

The Community was founded on St James’ Day, July 25[th] , 1892, in Oxford and moved to Mirfield in 1898, opening the College of the Resurrection in 1902. Construction of the church began in 1911 but was interrupted by the First World War and eventually finished in 1938, being reordered in 2012.

The charity’s objects as recorded in the Memorandum and Articles of Association are:

The advancement of religion.
The advancement of religious education.
The advancement of other charitable purposes beneficial to the Community.

The charity is established to act as an association of Christians who desire to follow the Gospel life after the pattern of those recorded in the Acts of the Apostles of whom it is said:

They continued steadfastly in the Apostles’ teaching and in the Fellowship, in the breaking of the bread and in the prayers and in the company of those who believed were of the heart and one soul, and no-one said that any of these things which he possessed was his aim, but they have everything in common.

The Community follows the Benedictine tradition of monastic life as the foundation of its mission.

Our Strategy and Mission

Today, the Community fulfils its charitable objectives and its Benedictine obligations by:

A vocation to theological and priestly formation in the College of the Resurrection (through support for the Frere Educational Trust).
Providing a Christian foundation as host for the site partners of St Hild’s College and Church Army.
The ministry of hospitality in welcoming and caring for guests to their own spiritual profit with caring and attentive service, inviting them to come and to participate in the prayer life of the house.
The wider ministry of Oblates, Companions and the Society of the Resurrection. We currently have approximately 275 people as part of our wider community in these groups and we are setting up regional Associations to strengthen their communal life away from the House.
Engagement with God is at the heart of the Community’s life, helping people to grow in faith and be confident in that faith, sustained by a daily round of prayer and worship – a constant praying presence proclaiming the gospel anew to each generation.

More about The Community of the Resurrection

Our site at Mirfield

Our site at Mirfield helps us to fulfil our mission by providing the following facilities:

The House of the Resurrection where the Brethren of the Community of the Resurrection live

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Company Registration No.247772 Charity Registration No.232670

The Retreat House , an integral part of the House where retreatants are welcomed to live and pray alongside the Community
The Church of the Resurrection , a Grade II listed building, which is the heart of the Community’s communal life and offers a unique place of worship and pilgrimage
The Bed and Breakfast House and The Hermitage which provide separate accommodation for guests who may be either retreatants or visiting the area for work, holidays or to attend events locally
The College of the Resurrection , a theological college offering a variety of courses but primarily aimed at the formation of candidates for ordination in the Church of England. The College is unique because it is the only theological college in the Anglican Communion that shares its life with a monastic community and is rooted in our monastic tradition
We host St Hild’s College which offers training for future ministers, undergraduate and post-graduate courses and a variety of online courses
We host Church Army’s selection and training programmes for future evangelists
Two Libraries , one in the College and one in the House, specialising in theological and ecclesiastical subjects, as well as a small collection for retreatants and a well-used archive. We offer facilities in the College library to a wide variety of registered readers and organise a programme of events annually
A Bookshop selling religious books (especially those written by Brethren) and books of general interest as well as gifts, greetings cards and Monastery produce including jams, honey and apple juice all produced on site

Monastery and Church

Our Rhythm of Worship and Work

Our life together is centred around the four daily offices of Mattins, Midday Office and Mass, Evensong and Compline.

Brethren also hold responsibilities for the life of the House, working with our staff to welcome guests and visitors and holding offices such as Prior and Custos. We are led by our Superior, Fr Oswin Gartside.

Company Registration No.247772 Charity Registration No.232670

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Brethren also lead individuals and groups on retreat, provide teaching and educational chaplaincy for St Hild’s and teaching and spiritual guidance for The College of the Resurrection. We also undertake ministry locally and work in ecumenical relations, pastoral and social care.

Brethren research, write and publish books, pamphlets, prayers and meditations

We care for our elderly and sick Brethren in the House.

Br Jude makes his first vows 2025

Our work throughout the world

We have longstanding links with the Romanian Orthodox Church which has sent priests, monks and students to worship, pray and study with us at Mirfield.

We maintain strong connections with religious communities in Europe and the wider world including a covenanted relationship lasting for more than 50 years with The Community of St Matthias in Trier and the Huysburg, Germany.

The Community is formally affiliated to the Congregation of the Annunciation, a congregation of Benedictine communities throughout the world.

The Community continues support for churches and charities in South Africa and Zimbabwe .

Safeguarding

Safeguarding is at the heart of our life together. We follow the Church of England’s National Safeguarding Standards and Codes of Practice. Brethren and Staff undertake training through the Diocese of Leeds and we have a Lead Safeguarding Officer.

Our Impact – Achievements and Performance

This year has been a year of thinking, prayer and planning for the future, as well as continuing to maintain the life of the House and our varied enterprises.

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Company Registration No.247772 Charity Registration No.232670

We have identified significant shortcomings in our buildings which are restricting our ability to grow our mission and impact and we have resolved to address these. More information about our significant plans for the future is explained below.

While we have been planning for the future, we have not ceased to continue our mission of education and welcome to guests and we are pleased to share the following highlights of our year.

The College of the Resurrection (The Frere Educational Trust)

www.college.mirfield.org.uk

The College of the Resurrection is run by the Frere Educational Trust, a subsidiary company of the Community (charity no: 52930; company no. 00246351). The College is committed to residential theological education, especially the formation of candidates for ordination in the Church of England. The College’s work also encompasses the Mirfield Liturgical Institute which supports postgraduate degrees in liturgical studies.

We support the College as part of our educational mission in a variety of ways:

Brethren provide teaching in specific areas
Ordinands are welcomed into the Community for prayer and worship, in recognition of our shared common life
We provide spiritual direction for students
We support the administration and governance with Brethren acting as Trustees and Community staff working on College matters, for example, property management, fundraising and HR, and academic administration
We provide financial support by making grants to the College
We allow the College to use our houses in the neighbourhood for housing staff and students

Wider Educational Mission

We are ready to support all of our site partners to develop their work of preparing students for ministry with chaplaincy, pastoral care and teaching.

This year we have continued to develop our partnership with St Hild College by providing them with office facilities and welcoming them for 9 residential teaching weekends throughout the year, in addition to regular teaching evenings and their annual first years’ retreat.

www.sthild.org

This year, we formed a new site partnership with Church Army, providing them with office facilities and from next year we will welcome them for 6 residential teaching weekends throughout the year.

https://churcharmy.org/

– Engagement with God Helping People to Grow in Faith

We continue to livestream all our church services, every day.

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Company Registration No.247772 Charity Registration No.232670

We are members of Churches Together in Mirfield and District. Brethren are also represented on the General Synod of the Church of England.

We offer pastoral support to other religious communities in the UK and abroad, including the Society of the Precious Blood, The Community of the Holy Name and several communities of sisters in Zimbabwe.

Brethren go out into parishes throughout the UK and abroad as visiting preachers for Holy Week. For Holy Week 2025, Brethren visited parishes in West Kirby, Oldham, Croydon, Northampton and Castle Bromwich and as well as Guildford Cathedral. Brethren also preach, work and lead retreats with parishes and groups around the UK and abroad, in person and online. In the year, Brethren visited parishes in West Yorkshire, and further afield including Athersley, Barnsley, Brentford, St Giles Cripplegate, Durham, Kentish Town, Kenton, and overseas - Monte Carlo and Wynnewood, Pennsylvania.

Brethren are always available to give spiritual direction and offer the sacrament of reconciliation for guests and site partners. This year, approximately 200 people benefitted from these sacraments.

We welcome guests seeking to explore a vocation to the religious life, whether that be in the ministry or in joining an Order such as ours. This year, approximately 6 people came to explore their sense of religious vocation with us. The Community also hosted the Anglican internovitiate gathering and gave teaching for this event.

We support the Shepherds Law Trust (charity no. 1204236) to maintain the Shepherds Law Hermitage, Eglingham, Alnwick, NE66 2DZ for ecumenical retreats, prayer and witness. One of our Brethren is a Trustee and we also support with practical tasks. Our Brethren from time to time reside at Shepherds Law maintaining the prayer life of the hermitage. www.shepherdslawhermitage.org

Through the work of the Mirfield Centre, the Community offered a well-received programme of spiritual development to the staff of St George’s Crypt, Leeds.

Other events supporting clergy vocations included welcoming Sheffield curates, the Lindisfarne College retreat and the ‘Mirfield Gathering’ of young clergy.

The Liturgical Commission of the Church of England General Synod held its gathering at Mirfield in May.

Promotion of ecumenical relations is a priority for the brethren. In this year this has included welcoming a visit by bishops and other members of the Malankara Orthodox Syrian Church of India, and hosting the biennial Christophorus gathering of spiritual directors from central Europe, a group the origins of which have strong links with the Community.

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Company Registration No.247772 Charity Registration No.232670

Christophorus Gathering

We welcomed day visits by schools and uniformed organisations.

The Community’s Church hosted a number of concerts, both adults’ and children’s, and a visit and recital by the Cathedral Organists Association.

Our Community Links

This year, we continued to work with many organisations in furtherance of our mission, including:

St Hild College (one of our site partners)
Church Army
The Yorkshire Theological Education Partnership
The national ministry team of the Church of England
Leeds Diocesan Licensed Lay Ministry Training Pathway
The University of Durham (our degree awarding body for the College of the Resurrection)

Publications

We publish books written by Brethren and our wider community, including this year George Guiver’s well-received All Christians are Monks .

We publish a Quarterly Review magazine with news of our life and a variety of articles of general interest. This year, articles included Irenaeus: Becoming God’s Handiwork and Ecumenism at an Italian Monastery together with book reviews.

Our Ministry of Hospitality

The rule of St Benedict directs that all guests are to be welcomed as Christ and this is at the heart of our ministry of hospitality.

In total this year, we welcomed over 7,500 people as our Ministry of Hospitality.

As part of this, we welcomed over 30 organisations to use our facilities to organise their own visits of prayer, retreat, study and reflection and to join the life of the House, including the Leeds

Company Registration No.247772 Charity Registration No.232670

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Diocesan Spiritual Directors Formation group, the regional Moravian Church, the Company of Mission Priests, and the parishes of South Creake and Dickleburgh.

The Retreat House

We organised a programme of retreats and study days hosted by Brethren and visiting speakers throughout the year. We focus on the themes of prayer, pastoral support and encounter with God. This year we welcomed almost 4,000 people and the programme included:

Our winter, spring, summer and autumn individually guided retreats: these are Ignatian – style retreats where each person has a spiritual guide (from the Brethren or invited accompaniers) and they follow their own path as it seems God is leading them, integrating body, mind and heart in faith
Pre-Lent Clergy retreat: a preached, silent retreat
Lay Lent retreat: a silent retreat
School of Contemplative Life Silent Retreat (theme: Coming Home to Unconditional Love
A themed day on Dante
Our annual Holy Week experience for which we offer fully-funded places for prospective students and ordinands and those in the process of discernment of their vocation
Pentecost and Summer Pilgrimages
A themed day on Thomas Merton
A reading retreat with access to the Library
Pre-Advent Clergy retreat: a preached, silent retreat
Lay Advent retreat: a silent retreat
CR Companions Study Week: Faith in the Arts

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Company Registration No.247772 Charity Registration No.232670

Art and Christianity Retreat

Our ministry of hospitality extends, through our Bed and Breakfast House and The Hermitage, to visitors who have no specific connection with the Community but book our rooms through online booking platforms and through our website. Their reasons for staying with us are many and varied including visiting family and friends, attending events, business or holiday, but they all receive the same Benedictine welcome as Christ.

As part of our wider ministry of hospitality, we also hosted 14 weddings and family celebrations.

Mirfield Monastery Ltd (Company no: 08516812) is our trading subsidiary company which undertakes all our trading activities. All profits are donated to the charity.

Welcoming our wider community: Events

In July we organised our usual annual Festival Day centred on the celebration of the Mass with visiting parishes, Companions and guests and our Family Fun Day that this year attracted a welcome number of young families enjoying the tombola, welly-wanging and hot dogs. Proceeds from this event are donated to a local charity.

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Company Registration No.247772 Charity Registration No.232670

Festival Day 2025

Family Fun Day 2025

In August, we organised another of our very popular Charity Auctions and we were delighted to raise more than £10,000 towards our work. As Fr John wrote afterwards:

A Mirfield auction is not just a big sale – it is a social event, a day out, a meeting place for old friends, entertainment, a day when the world meets the Community.

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Company Registration No.247772 Charity Registration No.232670

The auctioneer in full flow

The Community in South Africa

We have long had strong links in South Africa and Brethren were prominent campaigners against apartheid.

Our work today centres around support for Tariro UK, a charity that funds projects for young people in need in Zimbabwe, helping them to learn, develop and grow. We provide a Trustee and fundraising support.

www.tarirouk.com

We also provide a Trustee for the Biko-Bowcott Trust, supporting theological formation in South Africa.

We support the life of the dioceses of the Western Cape planning a programme of teaching, preaching, visiting and retreats, which took place in September.

We have restricted funds which support work in Zimbabwe with young people and Anglican sisterhoods.

Our Library and Archives

This year, we took the decision to appoint a professional assistant Librarian to help our Librarian to oversee the work of both our libraries, to bring our cataloguing up-to-date and to care for and make available our collections for reading, research and study.

Our library is available to registered readers, of which there are currently 100 including College, St Hild’s students and external readers.

This year we gave library tours to over 100 visitors.

We are enormously grateful to our 20 library volunteers.

Volunteers

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Company Registration No.247772 Charity Registration No.232670

As noted above, we are grateful to our Library volunteers who help us to catalogue and maintain our collection.

We also welcome volunteers working with our Companions, our Grounds, and in our Shop and Publications.

This year, we were blessed with over 3250 hours of volunteer time to help us in our work and we offer our heartfelt thanks to all our volunteers.

The Forthcoming Year 01.09.25 to 31.08.26 and Our Future Plans

We started this review by saying that this year has been a year of thinking, prayer and planning for the future. Through this process, it has become obvious to us that our buildings are holding us back from fulfilling our mission to welcome all guests for their spiritual profit and to benefit from our monastic rhythm of life.

It is paradoxical that the more demand there is for what we offer, the greater the risk that there is that our ministry of hospitality becomes detrimental to the very peace and tranquility and the way of life that guests come to share.

Added to this is the fact that our buildings are becoming increasingly expensive to maintain, and our heating system is outdated, expensive and not environmentally friendly.

2026 will mark the centenary of the opening of the Retreat House in 1926 and we have therefore decided to mark this significant milestone by embarking on a major programme of renovation and updating for our House. This will require a significant fundraising campaign beginning in 2026, in continuation of our existing CR Future campaign. We will apply for planning consent for the redevelopment in early 2026 and commence the works in early 2027, for completion in 2028.

Highlights of the redevelopment will include:

Upgrading the Retreat House to provide en-suite facilities for all rooms to match those in the Bed and Breakfast House, acknowledging that while we aim to provide simple, homely accommodation in the monastic tradition, nevertheless (particularly since Covid-19) our guests do not expect to share bathroom facilities and, in some cases, this may be a barrier to welcoming them as we would wish
Redesigning the guest entrance to be more open and welcoming
Providing a new guest refectory for meals in the House and so save guests from venturing out in the dark and cold, wet weather
Improving the entrance, car parking and vehicle circulation on site
Providing fully- accessible rooms for disabled guests
Increasing the facilities available for visiting groups, for spiritual counselling and for personal prayer
Providing a new lift to ensure the Church and Library are fully accessible
Extending the space available for library and archive users
Renewing the heating and hot water systems to be eco-efficient: zoned and with the building insulated throughout, and providing the infrastructure needed for greener energy sources

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Company Registration No.247772 Charity Registration No.232670

Renewing and, where necessary, replacing original windows which no longer open and close and improving their thermal efficiency to save energy
Renovating the Brethren’s monastic enclosure to include rewiring and replumbing; replacing outdated services and facilities which are past their economic life
Improving facilities for the care of elderly brethren

Taken together these plans represent a substantial confidence for the years to come in the significance of the work God does through this monastic site. We look forward to updating you on the progress of our plans in our next annual report but in the meantime, there will be regular updates on our website www.mirfield.org.uk.

Extract from the draft plans showing the new entrance

Statement on Public Benefit

The Charities Act 2011 placed a requirement on the Charity Commission to produce a guide to charities on the newly created public benefit requirement. Trustees are required by the act to have regard to the guidance in their decision-making. The Trustees have considered the purpose, aims and objectives of the Charity and its current and planned activity against the Charity Commission’s general guidance on public benefit.

The Trustees are satisfied that the Charity’s purpose, aims, objectives and activities are fully consistent with their charitable purposes as defined in the Charities Act 2011, where our charitable objectives are:

The advancement of religion.
The advancement of religious education.
The advancement of other charitable purposes beneficial to the Community.

Going Concern

At the time of approving the financial statements, the trustees are of the opinion that there are no material uncertainties about the company’s ability to continue as a going concern.

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Company Registration No.247772 Charity Registration No.232670

Financial Review

Group

Total group income for the year was £1,678,000 (2024: £1,796,000). This includes restricted income of £55,000 (2024: £58,000).

Total group expenditure for the year was £2,059,000 (2024: £1,844,000), of which £71,000 (2024: £48,000) was in respect of restricted funds.

The overall group deficit for the year was £518,000 (2024: £687,000 surplus), after movements on investments.

The Community of the Resurrection (parent charity)

Total income for the year was £1,263,000 (2024: £1,455,000). Total expenditure for the year was £1,671,000 (2024: £1,537,000).

The deficit of the parent charity was £408,000 before movement on investments (2024: £82,000 deficit). Of this £16,000 related to net spending on restricted funds (2024: £46,000).

After losses on investments of £137,000 (2024: £735,000 gains), total funds were depleted by £518,000 over the year (2024: £687,000 surplus).

The Trustees are extremely mindful of the deficit shown in the accounts and are taking steps to ensure that the Charity returns to a surplus position over the next 2 years. Since the end of the accounts period, they have appointed a Finance Manager and an Operations Manager (following the resignation of the Head of Strategy and Finance in August 2025).

In the short-term, the Finance Manager will be analysing the management accounts in detail, to understand the main reasons for the deficit, proposing actions to significantly reduce the figure.

Together they are working to produce a sustainable 5-year strategic business plan. The core pillars of the plan will be increasing current profit margins, generating further income and reducing expenditure. They are also working with the College of the Resurrection to ensure that they, too, have a sustainable future plan.

Mirfield Monastery Limited

This company is a wholly owned subsidiary for the purposes of operating the Community’s trading activities. During the year the company generated income of £87,630 (2024: £73,243). This resulted in a profit after costs of £65,126 (2024: £64,907).

All profit go to the Community of the Resurrection in accordance with the tax rules for charity trading. No member of the Community, or CR management receives any remuneration from this company.

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Company Registration No.247772 Charity Registration No.232670

The Frere Educational Trust (the College of the Resurrection)

The main work of The Frere Educational Trust is the operation of the College of the Resurrection. The main source of income is from fees for education, formation and training of ordinands for the Church of England.

Income from tuition fees and maintenance was £452,214 (2024: £332,872). Additional income from the provision of housing, receipts from guests, and other income was £119,881 (2024: £116,983). The charity received donations in the year of £7,892 (2024: £26,559). Total income from all sources was £588,870 (2024: £549,018) including £5,100 of restricted income (2024: £3,350).

Expenditure on operating the College of the Resurrection, including payments to the Community of the Resurrection for use of property and facilities, in the year was £561,788 (2024: £531,391). Following significant deficits in the recent past, the last two financial years have seen modest surpluses (2025: £27,082; 2024: £17,627).

The financial statements of The Frere Educational Trust contained the following words under the heading regarding going concern:

‘At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources, with the support of its parent charity, to continue in operation. The trustees therefore continue to adopt the going concern basis of accounting in preparing the financial statements. The medium to long-term future of residential training and therefore the College is less certain. Financially the College is dependent upon student numbers and the continued support of its parent charity. The Community of the Resurrection has given an undertaking to fund any future deficits of The Frere Educational Trust for the next four academic years. Work continues on the ‘Plan for Quality and Sustainability’.

Investments

Policy

The investment strategy is to generate income returns and safeguard capital whilst having sufficient flexibility to meet both planned and unexpected needs for funds. The Community relies on investment returns to help fund its life and ministry. With the assistance of the Finance Manager and the Finance Advisory Committee, the trustees undertake an annual review of investment policy and strategy together with our investment advisors at RBC Brewin Dolphin. Targets for investment performance are set and reviewed annually. This is measured on a total return basis taking into account both income generation and capital growth. Generally, any restricted funds which are sufficient to be viable are kept in separate investment portfolios. The trustees wish to broadly follow the guidelines set out in the Statement of Ethical Investment

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Company Registration No.247772 Charity Registration No.232670

Policy of the Church of England’s Ethical Investment Advisory Group, but do not adopt an exclusionary policy except to the extent that individual investments may be excluded if perceived to conflict with the purpose of the charity.

Performance

Disposals on the investment portfolios showed realised gains of £269,000 (2024: £42,000). Unrealised losses were incurred of £31,000 (2024: £468,000).

The trustees recognise that the investment performance has been disappointing since the 2020 pandemic, with various global economic shocks and in the UK, and continue to work with our investment advisers in accordance with the above investment policy.

In 2015 the Community was joint beneficiary to an estate that consisted of an investment property. The property was valued as at 31 August 2025 by a independent qualified professional valuer. The valuation led to a revision in the value of the Community’s share of the property in the year of £375,000 downwards (2024: £225,000 increase). The trustees agree to the reduction in the valuation for the purposes of these accounts, whilst accepting that even professionally prepared property values are to a large extent a matter of opinions and judgements, and that such a large reduction will in all expectation not reflect what could be achieved were there to be an actual future sale of the property.

Reserves Policy

Reserves are needed:

to bridge the gap that appears between the income the charity receives and its expenditure;
to address the fact that the charity is dependent on a number of non-recurring sources of income such as donations and legacies;
to deal with unplanned emergencies, such as repairs to property;
to deal with what can be significant planned repairs to buildings;
for future plans which could involve substantial capital expenditure as well as temporary loss of some income streams;
for contingencies.

The policy is therefore to maintain, and where necessary and expedient, grow funds in order to safeguard the future of the Community and facilitate the future plans outlined above.

Details of all the funds summarised below are given in the notes to the financial statements Summary of group reserves held as at 31 August 2025:

General reserves Designated funds: Funds that can only be realized by disposing of tangible fixed assets Other funds designated by the trustees for specific purposes	£000 £000 6,196 6,459 328 6,787

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Company Registration No.247772 Charity Registration No.232670

Restricted funds: The Archdeacon Goodman Fund The Zimbabwe Fund The Church Appeal Fund The CR Future Campaign Artists in Residence Fund Refectory Sound Fund Prospective Ordinands Fund (Frere Educational Trust) Permanent Endowment Fund: The Archdeacon Goodman Bequest Total fund held at the end of the period:	18 3 25 523 4 1 1	575 49 13,607

Grant Making Policy

The Community has both restricted and designated funds and receives requests for charitable donations, as well as individual brethren suggesting projects or organisations worthy of and needing financial support. These are considered on their merits and in the context of the Community’s charitable purposes, as well as whether they meet the criteria of the particular fund.

Structure, Governance and Management

The Community of the Resurrection being a charitable company limited by guarantee and not having a share capital is governed by its Memorandum and Articles of Association. Each member of the charitable company undertakes to contribute towards the costs of dissolution and the liabilities incurred by the company whilst a member, this contribution is limited to £1 per member. The directors of the charitable company are its trustees for the purpose of charity law and throughout this report are referred to as the trustees. The trustees have control of the charitable company and its property and funds.

The trustees named on page 1 have served throughout the year except where indicated. The Community is administered by the trustees, who meet on a monthly basis to consider all matters in accordance with the Community’s objectives and policies. A committee system is in operation to oversee particular aspects of the Community’s operations, subject to the approval of the trustees and Chapter.

Trustee appointment, induction and training

The Community recognizes that it has a responsibility to provide guidance and assist new trustees in fulfilling their duties and responsibilities, this is done in accordance with Charity Commission guidance. New trustees are elected from the Community’s members who have sufficient experience, they are then given access to appropriate Charity Commission publications.

Financial Control and Scrutiny

Each year two of the Community's brethren are elected as Scrutineers. In this role they analyse the accounts and produce a report of their findings presented to members at the Annual General Meeting.

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Company Registration No.247772 Charity Registration No.232670

The Community is also subject to a quinquennial visitation by the Community Visitor, a Church of England Bishop, this results in a report covering all aspects of the Community's activities, including financial procedures. As well as having professional advisers in finance, building and maintenance services, legal and employment matters, the Community receives updates from Church bodies and by virtue of membership of the Association of Provincial Bursars.

The Community has a Financial Advisory Committee which meets regularly and includes the Community's investment adviser as well as trustees, senior staff and finance professionals.

Brothers’ Capital and Income

When brethren join the Community, the capital which they possess may be invested on their behalf by the Community's stockbrokers. Any such capital is invested in the name of the Brother. Income from these investments is given by the brethren to the Community.

Staffing and Pay Policy

A significant proportion of the running of the Community is performed by the trustees and other brethren who do not receive any remuneration. The Community has structures in place that involve employees at all levels and consults regularly on staff issues. The pay of senior staff is reviewed annually in April. The Community has introduced a Real Living Wage policy for staff.

Risk Management

The trustees have given consideration to the major risks to which the charity is exposed and satisfied themselves that systems or procedures are established in order to manage those risks.

Consideration includes, but is not limited to:

Financial risks such as operating deficits which could diminish resources and put at risk the work of the charity, which are addressed by budgeting and having a site management plan;
The financing of much-needed capital projects that could put the charity's resources at risk, which is addressed by specific fundraising and a policy that capital funds have to be secured and sufficient before any projects are contracted for;
Risks surrounding the College of the Resurrection are considered in detail by the Frere Educational Trust and include operational, academic, financial and governance matters, as well as issues such as the risks arising from the uncertainties over the future of residential training in the Anglican Church;
Investment risks are addressed by working closely with investment advisers;
Welfare and safety risks are addressed by a Safeguarding Officer, following diocesan guidance and regular training, as well as employing a Health and Safety Officer who also receives regular training;
Operational risks, including guest and visitor numbers, as well as reputational risks, are reviewed particularly in light of trading and income generating activities.

Safeguarding

The Community is committed to safeguarding and promoting the welfare of children, young people and vulnerable adults. To fulfil this commitment, a number of safeguarding arrangements are in place. The Community has two safeguarding officers who provide support and training so

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

Company Registration No.247772 Charity Registration No.232670

that all staff and volunteers know about and follow the policies and procedures in place. All eligible staff and volunteers are required to undertake relevant safeguarding training and this is regularly reviewed by the Safeguarding Officers.

All policies and procedures in respect of safeguarding children, young people and vulnerable adults are up to date and in line The Church of England's Guidelines - Promoting a Safer Church.

Safeguarding is a standing agenda item for meetings of the trustees, with a full policy review undertaken annually in conjunction with expert external advisors.

Fundraising

The Community is registered with the Fundraising Regulator (www.fundraisingregulator.org.uk) and understands its duty to protect the public, including vulnerable people, from unreasonably intrusive or persistent fundraising approaches and undue pressure to donate. Our small fundraising team uses a CRM database to manage campaigns and marketing, this ensures they can record communications and marketing preferences, which protects donors and potential donors from unwanted contact.

The Community does not use any third party fundraising organisations to carry out fundraising activities.

Trustees' responsibilities in relation to the financial statements

The trustees (who are also directors of the Community of the Resurrection for the purposes of company law) are responsible for preparing the Trustees' Annual Report (incorporating the Group Directors' Report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and the group, and of the income and expenditure, of the charitable group for that period.

In preparing the financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the charity and that enable them to ensure that the financial statements

Company Registration No.247772 Charity Registration No.232670

The Community of the Resurrection Trustees’ Annual Report for the year ended 31 August 2025 (incorporating the Group Directors’ Report)

comply with the Companies Act 2006, the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Articles of Association.

They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Audit

The group financial statements are subject to audit under the Charities Act 2011. The trustees have opted to exercise the exemption granted by section 477 and section 479(1) of the Companies Act 2006 for small groups not to be audited under the Companies Act 2006. There is no difference between the quality of audit required between the two Acts.

Statement of disclosure to the auditors

In the case of each of the persons who are directors at the time when this report is approved, the following applies:

so far as each director is aware, there is no relevant information, being information needed by the auditor in connection with preparing their report, of which the group's auditors are unaware; and
each director, having made enquiries of fellow directors and the group's auditor that they ought to have individually taken, have each taken all steps that he is obliged to take as a director in order to make himself aware of any relevant audit information and to establish that the auditor is aware of that information.

Approval

These accounts are prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

This report for the financial year ended 31 August 2025 was approved by the trustees on 27 February 2026 and signed on their behalf by:

…………………………………………………………………………

Fr. Oswin Philip Gartside CR Superior The Community of the Resurrection Company Registration No. 0247772

The Community of the Resurrection Independent Auditor's Report to the Members of The Community of the Resurrection

Company Registration No. 247772 Charity Registration No. 232670

Opinion

We have audited the financial statements of The Community of the Resurrection for the year ended 31 August 2025 which comprise the Group Statement of Financial Activities (incorporating consolidated income and expenditure account), the Group Balance Sheet, (incorporating the Charitable Company Balance Sheet), the Statement of Cash Flows and Consolidated Statement of Cash Flows, and the related notes including significant accounting policies.

The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

l give a true and fair view of the state of the group's and the parent charitable company's affairs as at 31 August 2025, and of its incoming resources and application of resources for the year then ended;
l have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
l have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard and the provisions available for small entities, in the circumstances set out in note 31 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, including the trustees' report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Group and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Annual Report (incorporating the Group Directors' Report).

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The Community of the Resurrection Independent Auditor's Report to the Members of The Community of the Resurrection

Company Registration No. 247772 Charity Registration No. 232670

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

l adequate and proper accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
l the financial statements are not in agreement with the accounting records and returns; or
l certain disclosures of trustees' remuneration specified by law are not made; or
l we have not received all the information and explanations we require for our audit.

Responsibilites of trustees

As explained more fully in the Statement of Trustees Responsibilities (set out in the Trustees Annual Report), the trustees (who are also the directors of the charitable company for the purposes of company law), are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees' are responsible for assessing the Group's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Group or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

The trustees have elected for the financial statements to be audited in accordance with the Charities Act 2011 rather than the Companies Act 2006. Accordingly, we have been appointed as auditor under section 151 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with ISAs (UK) the auditor exercises professional judgement and maintains professional skepticism throughout the audit.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsbilities, outlined above, to detect material misstatements in respect of regularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

The extent to which the audit was considered capable of detecting irregularities including fraud

Our procedures and testing included but were not limited to the following.

We assessed the suspectibility of the Group's financial statements to material misstatement, in respect of irregularities, including fraud and non-compliance with laws and regulations, this also includes obtaining an understanding of how fraud might occur by:

l making enquiries of management as to their assessment of the susceptibility to fraud, using the register of risks, their knowledge of actual, suspected and alleged fraud;
l considering the internal controls in place to mitigate the risks of fraud and non-compliance with laws and regulations.

Due to the increased risk of fraud through management bias and overriding of controls, we:

l performed analytical procedures to identify any unusual transactions or relationships;
l tested journal entries for unusual transactions;
l assessed judgements and assumptions made by management for potential bias;
l considered the rationale for any significant or unusual transactions.

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The Community of the Resurrection Independent Auditor's Report to the Members of The Community of the Resurrection

Company Registration No. 247772 Charity Registration No. 232670

We also carried out procedures to:

l agree the financial statement disclosures to the supporting records and documentation;
l read the minutes of meetings of those charged with governance;
l enquire of management as to any actual or potential litigation and claims; and
l review relevant documentation and correspondence.

There are inherent limitations in our audit procedures. Auditing standards limit the audit procedures to identify non-compliance with laws and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal correspondence. The further that particular laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance.

Material misstatements that arise due to fraud usually involve deliberate concealment or collusion, such material misstatements are harder to detect than those that arise from error.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the members of The Community of the Resurrection, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Forrest Burlinson, Statutory Auditor Forrest Burlinson is eligible for appointment as auditor of the Group by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

…………….……….………………….. 2026 20 Owl Lane Dewsbury WF12 7RQ

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The Community of the Resurrection Consolidated Statement of Financial Activities (including consolidated income and expenditure account) for year ending 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

----- Start of picture text -----
Unrestricted Restricted Endowment Total Total
funds funds funds funds funds
Note 2025 2024
£'000 £'000 £'000 £'000 £'000
Income:
Donations and legacies 4 267 36 -- 303 442
Charitable activities:
Carrying out religious activities 5 859 -- -- 859 734
Other trading activities:
Commercial trading 6 110 -- -- 110 124
Investments 7 387 19 -- 406 360
Other income 8 -- -- -- -- 136
Total income 1,623 55 -- 1,678 1,796
Expenditure:
Costs of raising funds:
Fundraising costs 51 -- -- 51 50
Investment management fees 9 147 -- -- 147 91
Commercial trading 10 91 -- -- 91 64
289 -- -- 289 205
Charitable activities:
Operating theological college 11 614 5 -- 619 573
Religious activities 12 1,085 59 -- 1,144 1,049
Grants made 13 -- 7 -- 7 17
1,699 71 -- 1,770 1,639
Total expenditure 1,988 71 -- 2,059 1,844
Net income/(expenditure) and net
movements in funds before gains
and losses on investments (365) (16) -- (381) (48)
Net gains/(losses) on investments 14 (140) -- 3 (137) 735
Net income/(expenditure) (505) (16) 3 (518) 687
Transfers between funds -- 1 (1) -- --
Net income/(expenditure) and net
movement in funds for the year (505) (15) 2 (518) 687
Reconciliation of funds
Total funds brought forward 13,488 590 47 14,125 13,438
Total funds carried forward 12,983 575 49 13,607 14,125
----- End of picture text -----

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.

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Company Registration No. 247772 Charity Registration No. 232670

The Community of the Resurrection Consolidated and Company Balance Sheet as at 31 August 2025

----- Start of picture text -----
Group Group Charity Charity
Note 2025 2024 2025 2024
Fixed assets £'000 £'000 £'000 £'000
Tangible assets 19 4,189 4,302 4,189 4,302
Investment properties 20 2,375 2,750 2,375 2,750
Investments 21 6,074 6,118 6,128 6,172
Total fixed assets 12,638 13,170 12,692 13,224
Current assets
Stocks 15 15 15 15
Debtors 22 58 168 42 145
Cash at bank and in hand 1,102 1,049 939 919
Total current assets 1,175 1,232 996 1,079
Liabilities:
Creditors falling due within one year 23 (176) (147) (97) (67)
Net current assets 999 1,085 899 1,012
Total assets less current liabilities 13,637 14,255 13,591 14,236
Provisions for liabilities 24 (30) (130) (30) (130)
Liability arising on multi-employer
defined benefit pension scheme 18 -- -- -- --
Total net assets 13,607 14,125 13,561 14,106
The funds of the charity: 25,26
Unrestricted funds 12,983 13,488 12,938 13,470
12,983 13,488 12,938 13,470
Endowment funds 49 47 49 47
Restricted funds 575 590 574 589
Total charity funds 13,607 14,125 13,561 14,106
----- End of picture text -----

The notes on pages 28 to 49 form part of these accounts.

The trustees have prepared group accounts in accordance with section 398 of the Companies Act 2006 and section 138 of the Charities Act 2011. These accounts are prepared in accordance with the special provisions of the Companies Act relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to the members of the charitable company.

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The Community of the Resurrection Consolidated and Company Balance Sheet as at 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

These accounts have been audited in accordance with the Charities Act 2011.

For the financial years ended 31 August 2024 and 2025 the group was entitled to exemption from audit under sections 477 and 479(1) of the Companies Act 2006 relating to small groups.

Directors' responsibilities:

The members have not required the group to obtain an audit of its financial statements for the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

The financial statements were approved by the trustees on 27 February 2026 and signed on their behalf by:

…………………………………………… Fr. Oswin Philip Gartside CR Trustee/Director The Community of the Resurrection

…………………………………………… Br. Philip David John Nichols CR Trustee/Director The Community of the Resurrection

Page 26

The Community of the Resurrection Statement of Cash Flows and Consolidated Statement of Cash Flows for year ending 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

----- Start of picture text -----
Group Group Charity Charity
Note 2025 2024 2025 2024
£'000 £'000 £'000 £'000
Cash flows from operating activities:
Net income/(expenditure) for the year (518) 687 (545) 671
Add back depreciation charge 126 131 126 131
-- --
Gain on disposal of property (136) (136)
Write-back of provision for Church floor -- 49 -- 49
(Gains)/losses on investments 137 (735) 137 (753)
Investment income (406) (360) (406) (360)
-- -- -- --
Decrease (increase) in stock
Decrease (increase) in debtors 110 (14) 103 7
Increase (decrease) in creditors 29 (46) 30 (80)
Increase (decrease) in pensions liability (100) (7) (100) (7)
Net cash provided by (used in)
operating activities (622) (431) (655) (478)
Cash flows from investing activities:
Dividends, interest and rents from investments 406 360 406 360
Proceeds from the sale of property -- 253 -- 253
Purchase of tangible assets (13) (9) (13) (9)
Proceeds from sale of investments 928 371 928 371
Purchase of investments (646) (275) (646) (275)
Net cash provided by (used in)
investing activities 675 700 675 700
Change in cash and cash equivalents in the
reporting period 53 269 20 222
Cash and cash equivalents at the beginning 1,049 780 919 697
of the reporting period
Cash and cash equivalents at the end
of the reporting period 1,102 1,049 939 919
Reconciliation of cash and cash equivalents
Bank and cash in hand 1,102 1,049 939 919
Total cash and cash equivalents 1,102 1,049 939 919
----- End of picture text -----

Page 27

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

1 Legal status

The charity is a public benefit entity as defined by FRS 102.

The charity is a company limited by guarantee, registered in England and having no share capital. The company registration number is 247772.

The members of the charity are the members of the Chapter of the Community of the Resurrection, which is open to every brother in life profession worldwide interested in promoting the Objects of the Community who meets the requirements for membership as laid down in the Articles of Association of the Community of the Resurrection. The trustees of the charity are as listed in the Trustees Annual Report.

In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member. The charity's registered office is: The House of the Resurrection, Stocks Bank Road, Mirfield, WF14 0BN.

2 Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

2.1 Accounting convention

The financial statements have been prepared in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)' - the Charities SORP (FRS 102); the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102); the Companies Act 2006; the Charities Act 2011 and relevant accounting regulations.

The financial statements are prepared in sterling (GBP), which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest thousand (£000), or one pound where indicated.

The financial statements have been prepared under the historical cost convention, modified to include investment properties and certain financial instruments at fair value.

The principal accounting policies adopted are set out below.

2.2 Group financial statements and Companies Act 2006 exemptions

The financial statements consolidate the results of the charity and its wholly owned subsidiaries which are The Frere Educational Trust and Mirfield Monastery Limited, on a line-by-line basis. A separate Statement of Financial Activities and income and expenditure account for the charity has not been presented because the charity has taken advantage of the exemption afforded by section 408 of the Companies Act 2006 (the Act).

The accounts of The Frere Educational Trust are independently audited. The accounts of Mirfield Monastery Limited have not been audited, the company being entitled to exemption from audit under section 477 of the Act relating to small companies and the member of the company (the Community of the Resurrection), having not required the company to obtain an audit in accordance with section 476 of the Act.

The acquisition method of accounting has been adopted in preparing these consolidated financial statements. Under this method the results of subsidiary undertakings acquired or disposed of in the year are included from the date of acquisition or up to the date of disposal, on a line by line basis.

As the group does not trade for profit, the trustees have taken advantage of section 474(2) of the Act and have prepared an income and expenditure account (which is incorporated into the Statement of Financial Activities) instead of a profit and loss account.

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The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

2.3 Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the purposes of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees at their discretion to use for a particular purpose. The aim and use of each designated fund is set out later in these notes. Restricted funds are subject to specific restrictions, which the donor, legatee, or other third party has specified are to be solely used for particular areas of the charity's work or for specific projects undertaken by the charity. The charity has one permanent endowment fund, this type of fund is subject to the assets being invested and retained rather than expended, the use of the income from this endowment is restricted (see later in these notes).

2.4 Going concern

At the time of approving the financial statements, the trustees are of the opinion that there are no material uncertainties about the charitable company's ability to continue as a going concern.

2.5 Income

Income is recognised and included in the accounts when all the following criteria are met:

l The charity, or one of its subsidiaries, has entitlement to the funds;
l any performance conditions attached to the income have been met or are fully within the control of the charity, or one of its subsidiaries;
l it is probable that the income will be received; and
l the amount can be measured reliably.

The following specific policies apply to categories of income:

Income from grants, whether capital grants or revenue grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Donation of services: are included at the value to the charity where this can be quantified. Donated goods: these are recognised as income only when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity is probable and that economic benefit can be measured reliably.

In accordance with the Charities SORP (FRS 102) the economic contribution of volunteers' time is not measured in these accounts.

Legacies: entitlement is the earlier of the date on which the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) that a distribution to the charity will be made, or when a distribution is received. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material in the notes to the accounts.

Income received in advance of the provision of a service or entitlement is deferred until the criteria for income recognition are met and disclosed if material in the notes to the accounts. Interest and investment returns: are recognised when receivable and the amount can be measured reliably, this is normally upon notification by the payer.

Page 29

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

2.6 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Expenditure is classified under the following headings:

Costs of raising funds which comprise the costs associated with attracting voluntary income, the costs of commercial trading and their associated costs.

Expenditure on charitable activities includes the costs of operating the site at Mirfield, the costs of making grants, educational activities and supporting brethren who, as well as being members, are also beneficiaries of the charity.

Any grants made by the charity are accounted for when there is a present obligation as a result of approval and notification to a third party. In practice this will usually be at the same time or only shortly before the grant is paid.

All income and expenditure is inclusive of VAT, which under current government legislation is not recoverable.

2.7 Allocation of support costs

Support costs assist the work of the charity but do not directly attribute to charitable activities. These include back office costs such as general administration, bursary costs, finance costs, IT and governance costs. These costs have been allocated between the cost of raising funds and expenditure on charitable activities in accordance with the bases set out in note 15.

2.8 Operating leases

The leasing of some equipment is classified as operating leases, the title to the equipment remains with the lessor and is periodically replaced, these periods fall significantly short of the economic life of the equipment. Rents are therefore accounted for as expenditure on a straight line basis over the term of the lease.

2.9 Taxation

No corporation tax has been provided in these accounts because the trustees believe that the income and gains of the charity are within the exemptions granted by Chapters 2 and 3 of the Corporation Taxes Act 2010.

2.10 Tangible fixed assets and depreciation

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases, except freehold land (which is not depreciated):

Freehold buildings over 50 years, straight line on cost Long leasehold buildings over 50 years, straight line on cost less estimated residual value of the lease Fixtures and fittings over between 4 and 20 years, straight line on cost

Page 30

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

Some of the Community's buildings have been owned for over 100 years and are used to enable the objects of the charity to be achieved. These buildings will have been fully depreciated at cost in accordance with earlier policies on depreciation and so does not have a cost attributed in these accounts.

More recent expenditure on buildings is included and depreciated in accordance with the above policy. The original probate value of land at Mirfield after over 100 years will have an historic cost that today will be negligible.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the Statement of Financial Activities.

2.11 Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost, or probate value, and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the Statement of Financial Activities.

2.12 Fixed asset investments

Investments are initially recognised at their transaction value and subsequently measured at fair value as at the balance sheet date using the closing quoted market price. The Statement of Financial Activities (income and expenditure account) includes the net gains and losses arising on revaluation and disposals throughout the year. The charity does not use complex financial instruments, as defined under the Charity SORP (FRS 102).

2.13 Stock

Stocks are stated at the lower of cost and estimated selling price, less costs to sell. Donated items of stock, if over £1,000 in value, are recognised on receipt at fair value which is the amount the charity would expect to pay for the items on an open market.

2.14 Debtors

Trade and other debtors are recognised at the settlement amount due after any discount.

Prepayments are the amount of expenditure prepaid as at the period end after taking account of any discount. Legacies not yet received are legacies accounted for in accordance with the above recognition policy where the expected amount has not been received at the period end.

2.15 Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation as a result of a past transaction or event that will probably result in the transfer of funds and the amount due to settle the obligation can be measured or estimated reliably, these are recognised after any discount due.

2.16 Financial instruments

Financial instruments are recognised in the group and the charity's balance sheet when the charity, or one of its subsidiaries, becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, only when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Page 31

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

The charity has financial assets and liabilities of a kind that qualify as basic financial instruments.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Being a company limited by guarantee, the charity has no equity instruments. Basic financial liabilities, including creditors, bank loans and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2.17 Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2.18 Pensions

The group participates in two pension schemes, one for stipendiary staff (CEFPS) and one for other academic and lay staff (CWPF), each scheme has been accounted for in these accounts as follows:

The Frere Educational Trust participates in the Church of England Funded Pensions Scheme (CEFPS) for stipendary clergy, a defined benefit pension scheme. This scheme is administered by the Church of England Pensions Board, which holds the assets of the scheme seperately from those of the Responsible Bodies.

Each participating Responsible Body in the scheme pays contributions at a common contribution rate applied to pensionable stipends. The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This means it is not possible to attribute the scheme's assets and liabilities to each specific Responsible Body, and this means contributions are accounted for as if the scheme were a defined contribution scheme. The pension costs charged to the Statement of Financial Activities (incorporating the income and expenditure account) in the year are contributions payable towards benefits and expenses accrued in that year, plus the figures highlighted in the table in note 18.

Both the Community and The Frere Educational Trust also participate in the Pension Builder section of the Church Workers Pension Fund (CWPF). The scheme is administered by the Church of England Pensions Board, which holds the assets of the schemes seperately from those of the employer and other participating employers. CWPF has two sections:

the Defined Benefits Scheme
the Pension Builder Scheme, which has two subsections: a. a deferred annuity section known as Pension Builder Classic, and, b. a cash balance section known as Pension Builder 2014.

Both sections of the Pension Builder Scheme are classed as defined benefit schemes.

Page 32

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

Pension Builder Classic provides a pension, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from time to time. Discretionary increases may also be added, depending on investment returns and other factors.

Pension Builder 2014 is a cash balance scheme that provides a lump sum that members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared is payable, unreduced, from age 65.

There is no sub-division of assets between employers in each section of the Pension Builder Scheme.

The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme's assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The contributions paid are detailed in note 18.

In addition, The Community also operates discretionary pensions for certain of its past employees. Such pensions are non contributory. A provision has been made in the accounts to cover future pension obligations. In the event of this fund being insufficient to meet such obligations amounts would be made available from other funds to cover any liabilities. The costs of pensions made in this way in the year are disclosed within the employees costs in note 17.

3 Consolidation and financial performance of the charity

The consolidated statement of financial activities includes the results of the charity's wholly owned subsidiaries which consist of:

The Frere Educational Trust (company no. 00246351, registered charity no. 529320 )

registered office: The College of the Resurrection, Stocks Bank Road, Mirfield WF14 0BW
a company limited by guarantee of which The Community of the Resurrection is the only member.
a charity which operates the College of the Resurrection.
its charitable objects are the advancement of religious education for the reception and training of students in theology, science, arts or letters, but more especially for students who are, or who intend to become, candidates for Holy Orders.

Income Expenditure on charitable activities Net gains/(losses) on investment assets Net movement in funds Total Net Assets as at 31 August:	Total 2025 £000 589 (562) 27 -- 27 48	Total 2024 £000 549 (531) 18 -- 18 21

Page 33

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

Mirfield Monastery Limited (company no. 08516812)

registered office: The House of the Resurrection, Stocks Bank Road, Mirfield WF14 0BN
a company having ordinary share capital which is 100% owned by The Community of the Resurrection.
operates commercial activities on behalf of the charity.

Income Expenditure Gift aid to parent charity company Net income Total Net Assets as at 31 August:	Total 2025 £000 88 (22) (65) 1 54	Total 2024 £000 73 (8) (47) 18 54

The summary financial performance of The Community of the Resurrection alone is:

Income Gift aid from subsidiary company Expenditure on raising funds Expenditure on charitable activities Net incoming resources Net gains/(losses) on investments Net income/(expenditure) Total funds brought forward Total funds carried forward Represented by: Permanent endowment funds Restricted income funds Unrestricted income funds	Total Total 2025 2024 £000 £000 1,198 1,408 65 47 (266) (197) (1,405) (1,340) (408) (82) (137) 753 (545) 671 14,106 13,435 13,561 14,106 49 47 574 589 12,938 13,470 13,561 14,106

4 Income from donations and legacies

Donations Legacies Brethren's pensions and investments Grants received	Unrestricted Restricted Total Total Funds Funds 2025 2024 £000 £000 £000 £000 38 36 74 86 37 -- 37 149 192 -- 192 197 -- -- -- 10 267 36 303 442

Page 34

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

Grants 2024: The Thomas Merton Society for maintenance of the society's library collection (restricted) (£1,000). The Community received a grant towards the Companions of St. Benedict, Cameroon (restricted) (£5,000). The Frere Educational Trust received a grant towards the Prospective Ordinands fund (restricted) (£2,550). The Frere Educational Trust also received a grant towards a student placement overseas (£1,500).

5
Income from charitable activities
Operation of theological college
Retreats
Rental income
Accommodation and conferences
Supply of adult religious education
Royalties on hymns and books
Carrying out other religious activities
6
Income from other trading activities
Sale of religious literature
Weddings and similar events
Commercial accommodation
7
Investment income
Income from investment portfolio
Income from investment properties
8
Other income
Gain on disposal of property
9
Investment management costs
Investment portfolio management
Investment property management

Unrestricted
Restricted
Total
Total
Funds
Funds
2025
2024
£000
£000
£000
£000
572
--
572
450
145
--
145
158
74
--
74
72
2
--
2
4
50
--
50
38
3
--
3
1
13
--
13
11
859
--
859
734
Unrestricted
Restricted
Total
Total
Funds
Funds
2025
2024
£000
£000
£000
£000
22
--
22
20
69
--
69
80
19
--
19
24
110
--
110
124
Unrestricted
Restricted
Total
Total
Funds
Funds
2025
2024
£000
£000
£000
£000
207
19
226
195
180
--
180
165
387
19
406
360
Unrestricted
Restricted
Total
Total
Funds
Funds
2025
2024
£000
£000
£000
£000
--
--
--
136
--
--
--
136
Unrestricted
Restricted
Total
Total
Funds
Funds
2025
2024
£000
£000
£000
£000
40
--
40
24
107
--
107
67
147
--
147
91

Page 35

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

10
Costs of commercial trading
note
Sale of religious literature
Weddings and similar events
Commercial accommodation
Support costs
15
11
Operating theological college
note
College staff costs
Maintenance and utilities
Other operating costs
Support costs
15
12
Costs of religious activities
note
Operating monastic site
Brethren's expenditure
Grants to Religious released
Retreats
Carrying out other religious activities
Infirmary costs
Support costs
15
13
Grants made
note
Zimbabwe Fund
27
Companions of St.Benedict of Cameroon
Charitable donations from General Fund

Unrestricted
Restricted
Total
Total
Funds
Funds
2025
2024
£000
£000
£000
£000
16
--
16
14
27
--
27
23
11
--
11
6
37
--
37
21
91
--
91
64
Unrestricted
Restricted
Total
Total
Funds
Funds
2025
2024
£000
£000
£000
£000
257
--
257
242
147
--
147
136
112
5
117
124
98
--
98
71
614
5
619
573
Unrestricted
Restricted
Total
Total
Funds
Funds
2025
2024
£000
£000
£000
£000
521
56
577
507
37
--
37
42
47
--
47
--
9
--
9
10
71
3
74
73
26
--
26
19
374
--
374
398
1,085
59
1,144
1,049
Unrestricted
Restricted
Total
Total
Funds
Funds
2025
2024
£000
£000
£000
£000
--
7
7
4
--
--
--
5
--
--
--
8
--
7
7
17

Page 36

Company Registration No. 247772 Charity Registration No. 232670

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

	Donations to charities from the General Fund consist of the following payments:	Donations to charities from the General Fund consist of the following payments:	Donations to charities from the General Fund consist of the following payments:
			Charity Commission	Total	Total
			for England and Wales	2025	2024
			charity reg no.	£	£
	ACross Country		1108983	-	600
	Christian Aid: Middle East Crisis Appeal		1105851	-	1,000
	Church Action on Poverty		1079986	-	600
	DASH (Destitute Asylum Seekers)		1181825	-	1,000
	Kings Lynn Night Shelter		1175645	-	600
	St. George's Crypt		1144474	-	1,000
	Tariro Hope For Youth in Zimbabwe		1136035	-	1,000
	Holy Family Ukrainian Catholic Eparchy		240088	-	1,000
	Victim Support UK		298028	-	600
	Companions of St.Benedict of Cameroon		-	-	1,000
14	Total Net gains/(losses) on investments Unrealised loss on revaluation of investment property Net realised gain/(loss) on… sale of investments Net unrealised gain/(loss) on… investment portfolio	Unrestricted Restricted Endowment Funds Funds Funds £000 £000 £000 (375) -- -- 270 -- (1) (35) -- 4		- Total 2025 £000 (375) 269 (31)	8,400 Total 2024 £000 225 42 468
15	Support costs Type: Catering Office and administration costs IT costs Governance costs	(140) -- 3 Unrestricted Restricted Endowment Funds Funds Funds £000 £000 £000 333 -- -- 144 -- -- 27 -- -- 16 -- --		(137) Total 2025 £000 333 144 27 16	735 Total 2024 £000 305 149 27 20
	catering Activity: £000 Fundraising -- Commercial trading 17 College 98 Religious activities 218		520 -- -- admin IT governance £000 £000 £000 6 5 -- 14 4 2 -- -- -- 124 18 14	520 Total 2025 £000 11 37 98 374	501 Total 2024 £000 11 21 71 398
	333		144 27 16	520	501

Page 37

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

Basis of apportionment:

Catering costs are allocated on the basis of management's activity based costing system. Office and administration costs are allocated according to an estimate of staff time involved. IT and governance costs are allocated according to estimates of resource utilisation.

Net movements in funds for the year	Total	Total
Net movements in funds for the year is stated after charging:	2025	2024
	£000	£000
Auditors' remuneration for audit services to the Group	16	14
of which £3,750 (2024: £3,050) relates to subsidiaries.
Auditors' remuneration for accountancy and tax services	11	12
of which £3,418 (2024: £3,216) relates to subsidiaries.
Depreciation	126	131
Operating leases - equipment	8	7

17 Employees

The average monthly number of staff employed by the group during the reporting period and an estimate of the full-time equivalent (FTE) number of staff:

College academic staff Administration staff (college) Management and administration staff Household, maintenance and grounds Fundraising Catering staff Infirmary Library The cost in respect of staff: Wages and salaries Pension contributions Social security costs	Average no. FTE no. Average no. FTE no. 2025 2025 2024 2024 4 4 4 4 2 1 2 1 4 3 4 3 8 6 9 6 1 1 1 1 10 7 10 6 2 1 2 1 1 1 2 1 32 24 34 23 Total Total 2025 2024 £000 £000 707 633 52 50 52 51 811 734

No employee had emoluments of more than £60,000.

The total remuneration paid to Key Management in the year was £88,611 (2024: £66,992).

Pension and social security costs are allocated to activities in proportion to the related staffing costs, including where applicable to restricted funds.

Trustee remuneration

No remuneration was paid to any trustee in the year nor did they receive any benefits from employment with the charity or its subsidiaries in the year, or the prior year.

All charity trustees are members of the Community and therefore are also beneficiaries of the parent charity.

Page 38

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

18 Staff pensions

Note 2.18 explains each pension scheme operated by the Group and outlines the accounting treatment.

Church of England Funded Pension Scheme (CEFPS)

The Frere Educational Trust participates in the CEFPS for stipendary clergy. Each participating Responsible Body in the scheme pays contributions at a common contribution rate applied to pensionable stipends. The scheme is considered a multi-employer scheme as outlined in note 2.18 above.

The pension costs charged to the SoFA (income and expenditure account) in the year are contributions payable towards benefits and expenses accrued in that year (2025: £20,922 ,2024: £21,964).

A valuation is carried out once every three years. The most recent scheme valuation completed was carried out as at 31 December 2021. The 2021 valuation revealed a surplus of £560m, based on assets of £2,720m and a funding target of £2,160m, assessed using the following assumptions:

an average discount rate of 2.7 p.a.;
RPI inflation of 3.6% p.a. (and pension increases consistent with this);
CPIH inflation in line with RPI less 0.8% pre 2030 moving to RPI with no adjustment from 2030 onwards;
increase in pensionable stipends in line with CPIH;
mortality in accordance with 90% of the S3NA tables, with allowance for improvements in mortality rate in line with the CMI 2020 extended model with a long term annual rate of improvement of 1.5%, a smoothing of 7 and an initial addition to mortality improvements of 0.5% pa and an allowance for 2020 data of 0% (i.e. w2020=0%).

Following finalisation of the 31 December 2021 valuation, deficit contributions ceased with effect from

1 January 2023, since the scheme was fully funded.

The deficit recovery contributions under the recovery plan in force at each 31 December were as follows:

----- Start of picture text -----
% of pensionable stipends:
% of pensionable stipends:
31 December 2021 7.1% payable from January 2021 to December 2022
31 December 2022 Nil
31 December 2023 Nil
31 December 2024 Nil
----- End of picture text -----

An interim reduction to deficit contributions to 3.2% of pensionable stipends was made with effect from April 2022, and remained in place until December 2022.

For senior office holders, pensionable stipends are adjusted in the calculations by a multiple, as set out in the scheme's rules.

Section 28.11A of FRS 102 requires agreed deficit recovery payments to be recognised as a liability. However, as there are no agreed deficit recovery payments from 1 January 2023 onwards, the balance sheet liability as at 31 August 2024 and 31 August 2025 is nil.

The legal structure of the scheme is such that if another Responsible Body fails, the relevant employer (The Frere Educational Trust), could become responsible for paying a share of that Responsible Body's pension liabilities.

Page 39

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

Church Workers Pension Fund (CWPF)

Church Workers Pension Fund (CWPF)
	Group	Group	Charity	Charity
	2025	2024	2025	2024
No. staff	26	25	23	22
	£	£	£	£
Contributions charged to the SoFA in the year:	30,759	28,389	23,509	21,786

A valuation of the Pension Builder Scheme is carried out once every three years. The most recent scheme valuation was carried out as at 31 December 2022. The next valuation is due at 31 December 2025.

For the Pension Builder Classic section, the valuation revealed a surplus of £34.8m on the ongoing assumptions used. At the most recent annual review effective 1 January 2025, the Board chose to grant a discretionary bonus of 6.7% to both pensions in payment in respect of post April 2006 service so that the pension increase was 2.7% (where usually it would be calculated based on inflation up to 2.5%). This followed improvements in the funding position over 2024. There is no requirement for deficit payments at the current time.

For the Pension Builder 2014 section, the valuation revealed a surplus of £8.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time.

The legal structure of the scheme is such that if another employer fails, the relevant employer (The Community of the Resurrection, or The Frere Educational Trust), could become responsible for paying a share of the failed employer's pension liabilities.

Discretionary Pensions

The Charity also operates discretionary pensions for certain of its past employees. Such pensions are non-contributory. A provision has been made by the trustees in respect of the potential liabilities arising from this scheme of £30,000 (2024: £130,000).

The costs of pensions payable in the year was £6,586 (2024: £9,511).

19 Tangible Fixed Assets - Group

Cost At 1 September 2024 Additions Disposals At 31 August 2025 Depreciation At 1 September 2024 Charge for the year On disposals At 31 August 2025 Net book value At 31 August 2025 At 31 August 2024	Freehold Fixtures Land and and Motor Buildings fittings Vehicles Total £000 £000 £000 £000 5,907 469 17 6,393 -- 13 -- 13 -- -- -- -- 5,907 482 17 6,406 1,723 353 15 2,091 101 24 1 126 -- -- -- -- 1,824 377 16 2,217 4,083 105 1 4,189 4,184 116 2 4,302

Page 40

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

Tangible Fixed Assets - Company

Freehold
Land and
Buildings
Cost or valuation
£000
At 1 September 2024
5,907
Additions
--
Disposals
--
At 31 August 2025
5,907
Depreciation
At 1 September 2024
1,723
Charge for the year
101
On disposals
--
At 31 August 2025
1,824
Net book value
At 31 August 2025
4,083
At 31 August 2024
4,184
20
Investment property - Group and Company
as at 1 September 2024
Additions
Disposals
Gain on fair value adjustment
Net book value as at 31 August 2025
Historic cost/probate value

Fixtures
Fittings and
Motor
Equipment
Vehicles
Total
£000
£000
£000
469
17
6,393
13
--
13
--
--
--
482
17
6,406
353
15
2,091
24
1
126
--
--
--
377
16
2,217
105
1
4,189
116
2
4,302
Investment
properties
£000
2,750
--
--
(375)
2,375
3,506

The investment property is a 50% share in a property left to the Community by way of legacy in 2015. The property is currently held in a bare trust on behalf of the charity and another beneficiary. The trustees of the bare trust being Richard Roberts and Mark Jones of Gedye & Sons (Solicitors) Limited. The valuation of the investment property was made by Terence Firrell FRICS Chartered Surveyor on a market valuation basis in accordance with the RICS Appraisal & Valuation Standards.

The probate value (historic cost) of the 50% share in the property was £3,506,250 (2024: £3,506,250).

Page 41

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

21
Fixed Asset Investments - Group
Movement in fixed asset investments
Market value as at 1 September
Additions
Disposals
Net gain on revaluation
Market value as at 31 August
Historical cost/probate valuation
Comprised of:
UK Securities
Overseas Securities
UK Equities
Overseas Equities
Other Investments
Cash held within the investment portfolio
Fixed Asset Investments - Company
Movement in fixed asset investments
Market value as at 1 September
Additions to investments at cost
Disposals at carrying value
Net (loss)/gain on revaluation
Market value as at 31 August
Historical cost
Comprised of:
UK Securities
Overseas Securities
UK Equities
Overseas Equities
Other Investments
Cash held within the investment portfolio
Equity in trading subsidiary

2025
2024
£000
£000
6,118
5,703
642
272
(659)
(329)
(27)
472
6,074
6,118
4,474
4,488
2025
2024
£000
£000
290
826
1,341
830
1,108
1,273
2,538
2,303
750
761
47
125
6,074
6,118
2025
2024
£000
£000
6,172
5,740
642
272
(659)
(329)
(27)
489
6,128
6,172
4,474
4,488
2025
2024
£000
£000
290
826
1,341
830
1,108
1,273
2,538
2,303
750
761
47
125
54
54
6,128
6,172

All investments are managed and controlled in the United Kingdom.

Page 42

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

22 Debtors Trade debtors Legacies notified but not yet received Prepayments Cash held by custodian trustees Owed by subsidiary company	Group Company Total Total Total Total 2025 2024 2025 2024 £000 £000 £000 £000 25 40 5 9 15 106 15 106 8 7 8 7 10 15 10 15 -- -- 4 8 58 168 42 145

23 Creditors: Amounts falling due within one year note Trade creditors Taxation and social security Deposits for weddings Accruals and deferred income Retentions Other creditors	Total Total Total Total 2025 2024 2025 2024 £000 £000 £000 £000 91 78 33 27 22 22 10 9 8 15 -- -- 53 26 52 25 1 -- 1 -- 1 6 1 6 176 147 97 67 Group Company

24 Provisions for liabilities

As detailed in notes 2.18 and 18 the Charity operates a discretionary pension for certain past employees. The trustees have made an estimate in respect of the potential liabilities arising from this scheme.

Group and Company	At 31 At 31
Provision for discretionary pensions	August payable provision August 2024 in the year adjustment 2025 £000 £000 £000 £000 130 (7) (93) 30

The estimated provision assumes an increase in payments in line with an increase of 3.5%, together with a pension discount rate of 0% and an expected payment period of 24 years from 1 September 2015. These assumptions are reviewed annually.

Page 43

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

25 Analysis of charitable funds - Group

UNRESTRICTED FUNDS - GROUP	UNRESTRICTED FUNDS - GROUP
	At 31					At 31
	August			Other		August
	2024	Income	Expenditure	Gains	Transfers	2025
General funds:	£000	£000	£000	£000	£000	£000
Joint fund	6,027	321	(125)	215	(489)	5,949
College fund	20	575	(369)	--	(179)	47
General fund	200	717	(1,383)	--	666	200
Designated funds: Property (Buildings) Frere Fund Thorn Bequest	6,247 5,747 1,440 54	1,613 -- 8 2	(1,877) (86) (25) --	215 (375) 20 --	(2) 1 1 --	6,196 5,287 1,444 56
Unrestricted Funds	7,241 13,488	10 1,623	(111) (1,988)	(355) (140)	2 --	6,787 12,983
RESTRICTED FUNDS - GROUP At 31 August 2024 £000 Goodman fund 15 Zimbabwe fund 9 Church Appeal 23 CR Future fund 536 Artists in Residence 4 Chichester library 2 Refectory sound -- Prospective Ordinands 1		Income £000 2 2 4 41 -- -- 1 5	Expenditure £000 -- (8) (2) (54) -- (2) -- (5)	Other Gains £000 -- -- -- -- -- -- -- --	Transfers £000 1 -- -- -- -- -- -- --	At 31 August 2025 £000 18 3 25 523 4 -- 1 1
Restricted Funds	590	55	(71)	--	1	575
ENDOWMENT FUNDS - Goodman Bequest	GROUP At 31 August 2024 £000 47	Income £000 --	Expenditure £000 --	Other Gains £000 3	Transfers £000 (1)	At 31 August 2025 £000 49
TOTAL FUNDS:	14,125	1,678	(2,059)	(137)	--	13,607

Page 44

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

26 Analysis of charitable funds - Company

UNRESTRICTED FUNDS - COMPANY

UNRESTRICTED FUNDS	- COMPANY
	as at 31					As at 31
	August			Other		August
	2024	Income	Expenditure	Gains	Transfers	2025
	£000	£000	£000	£000	£000	£000
General funds:
Joint fund	6,029	233	(38)	215	(488)	5,951
General fund	200	970	(1,456)	--	486	200
Designated funds: Property (Buildings) Frere Fund Thorn Bequest	6,229 5,747 1,440 54	1,203 -- 8 2	(1,494) (86) (25) --	215 (375) 20 --	(2) 1 1 --	6,151 5,287 1,444 56
Unrestricted Funds	7,241 13,470	10 1,213	(111) (1,605)	(355) (140)	2 --	6,787 12,938
RESTRICTED RESERVES Goodman fund Zimbabwe fund Church Appeal CR Future fund Artists in Residence Chichester Library Refectory sound	- COMPANY At 31 August 2024 £000 15 9 23 536 4 2 --	Income £000 2 2 4 41 -- -- 1	Expenditure £000 -- (8) (2) (54) -- (2) --	Other Gains £000 -- -- -- -- -- -- --	Transfers £000 1 -- -- -- -- -- --	At 31 August 2025 £000 18 3 25 523 4 -- 1
Restricted Funds	589	50	(66)	--	1	574
ENDOWMENT FUNDS - Goodman Bequest	COMPANY At 31 August 2024 £000 47	Income £000 --	Expenditure £000 --	Other Gains £000 3	Transfers £000 (1)	At 31 August 2025 £000 49
TOTAL FUNDS:	14,106	1,263	(1,671)	(137)	--	13,561

Page 45

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

Movements on charitable funds - Group - PREVIOUS YEAR

General Funds College Fund Designated Funds Unrestricted Funds Restricted Funds Endowment Funds	At 31 Other At 31 August Gains August 2023 Income Expenditure /(Losses) Transfers 2024 £000 £000 £000 £000 £000 £000 5,493 1,113 (1,261) 481 401 6,227 3 478 (364) -- (97) 20 7,320 146 (170) 249 (304) 7,241 12,816 1,737 (1,795) 730 -- 13,488 580 58 (48) -- -- 590 42 -- -- 5 -- 47 13,438 1,795 (1,843) 735 -- 14,125

Movements on charitable funds - Company - PREVIOUS YEAR

General Funds Designated Funds Unrestricted Funds Restricted Funds Endowment Funds	At 31 Other At 31 August Gains August 2023 Income Expenditure /(Losses) Transfers 2024 £000 £000 £000 £000 £000 £000 5,493 1,254 (1,321) 499 304 6,229 7,320 146 (170) 249 (304) 7,241 12,813 1,400 (1,491) 748 -- 13,470 580 55 (46) -- -- 589 42 -- -- 5 -- 47 13,435 1,455 (1,537) 753 -- 14,106

27 Description of funds:

UNRESTRICTED FUNDS

1. The Joint Fund

The Joint Fund is the principal fund of the Community. The income produced by the fund is used for the work of the Community and for capital projects.

2. The College Fund

This fund is the general fund of The Frere Educational Trust subsidiary charitable company.

3. The General Fund

This fund is for the day-to-day income and expenditure of the Community.

The charity has a policy of transferring funds from the Joint Fund such that the General Fund has a balance of £200,000 at the beginning of each financial year.

DESIGNATED FUNDS:

4. The Property (Buildings) Fund

This fund represents the unrestricted land and buildings held on an ongoing basis.

5. The Frere Fund

This fund comprises the present assets formerly owned by The Frere Educational Trust.

The purpose of this designated fund is to support the educational work sponsored by the Community and especially theological education and ministerial formation at the College of the Resurrection.

Page 46

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

6. The Thorn Bequest Fund

This fund has been designated for mission work in South Africa.

RESTRICTED FUNDS

7. The Archdeacon Goodman Fund

The object of the fund is the advancement of the Christian faith and the advancement of health by supporting or assisting in the support of Christian medical missionary work in such a manner as the trustees may from time to time decide.

8. Zimbabwe Fund

This fund is to support the Community's and other groups' works in Zimbabwe.

9. The Church Appeal Fund

This fund is to raise funds for the upkeep and additional equipment for the Church of the Resurrection in Mirfield.

10. The CR Future Fund

This fund is to raise funds to support the future of the Community and its works, in particular making improvements, additions and alterations to the House of the Resurrection, and as necessary to this purpose, other areas of the Mirfield site. The aim is to renew this place of hospitality, prayer and learning as a resource for Church and society in a turbulent and changing world. The remodelling of the House will be designed to allow flexible use of space, both to meet the physical and the spiritual needs of those who come, and to foster the common life of the Community.

11. The Artists in Residence Fund

The purpose of this fund is to assist artists to do work at the Community and for exhibitions.

12. Chichester Theological Trust

This fund related to a grant received from The Chichester Theological Trust for the purpose of funding towards the cataloguing, barcoding and auditing our heritage library collection.

13. Refectory Sound

This fund represents donations given to improve the sound in the Refectory.

14. Prospective Ordinands Fund

A restricted fund of The Frere Educational Trust to offer support to potential students exploring Christian vocation and theological education.

PERMANENT ENDOWMENT

The Goodman Bequest Fund

This is a permanent endowment as part of the Archdeacon Goodman bequest, the objects are as for the Archdeacon Goodman Fund above. The capital of the fund cannot be expended, the income from the capital is paid to the Archdeacon Goodman Fund and can be expended in accordance with the objects.

Page 47

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

28 Analysis of net assets between funds - Group

Tangible fixed assets Investment properties Investments Current assets Current liabilities Provisions for liabilities	General Designated Restricted Endowment Funds Funds Funds Funds Total
	£000 £000 £000 £000 £000
	106 4,083 -- -- 4,189 -- 2,375 -- -- 2,375 5,685 332 8 49 6,074 597 (3) 581 -- 1,175 (162) -- (14) -- (176) (30) -- -- -- (30) 6,196 6,787 575 49 13,607

Analysis of net assets between funds - Company

	General	Designated	Restricted	Endowment
	Funds	Funds	Funds	Funds	Total
	£000	£000	£000	£000	£000
Tangible fixed assets	106	4,083	--	--	4,189
Investment properties	--	2,375	--	--	2,375
Investments	5,739	332	8	49	6,128
Current assets	419	(3)	580	--	996
Current liabilities	(83)	--	(14)	--	(97)
Provisions for liabilities	(30)	--	--	--	(30)
	6,151	6,787	574	49	13,561
Analysis of net assets between funds - Group - PREVIOUS YEAR
	General	Designated	Restricted	Endowment
	Funds	Funds	Funds	Funds	Total
	£000	£000	£000	£000	£000
Tangible fixed assets	119	4,183	--	--	4,302
Investment properties	--	2,750	--	--	2,750
Investments	5,750	314	7	47	6,118
Current assets	651	(6)	587	--	1,232
Current liabilities	(143)	--	(4)	--	(147)
Provisions for liabilities	(130)	--	--	--	(130)
	6,247	7,241	590	47	14,125

Analysis of net assets between funds - Company - PREVIOUS YEAR

Tangible fixed assets Investment properties Investments Current assets Current liabilities Provisions for liabilities	General Designated Restricted Endowment Funds Funds Funds Funds Total
	£000 £000 £000 £000 £000
	119 4,183 -- -- 4,302 -- 2,750 -- -- 2,750 5,805 313 7 47 6,172 498 (5) 586 -- 1,079 (63) -- (4) -- (67) (130) -- -- -- (130) 6,229 7,241 589 47 14,106

Page 48

The Community of the Resurrection Notes to the group financial statements for the year ended 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

29 Lease Commitments

At the reporting date the group had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

not later than 1 year later than 1 year and not later than 5 years later than 5 years Total:	Total Total 2025 2024 £000 £000 3 6 11 2 -- -- 14 8 Group	Total Total 2025 2024 £000 £000 3 4 11 2 -- -- 14 6 Company

30 Related party transactions

Trustees

Fr. George Paul Alfred Guiver is a trustee of Tariro Hope For Youth In Zimbabwe to whom grants were made in the year totalling £6,955 (2024: £4,594).

The trustees of the charity are all members of the Community and as such have their welfare funded by the charity. Any capital which the brethren possess is managed by the Community and any income generated by this capital is given to the Community and included within the General Fund, which is an unrestricted fund. State and clergy pensions to which the brethren are entitled are also given to the Community and included within the General Fund. Income received from the brethren is identified separately within voluntary income.

The charity has taken advantage of the exemption, under Financial Reporting Standard 102 not to disclose services provided on a voluntary basis by trustees; contracts of employment between the charity and its employees; and repayment of any out-of-pocket expenses where the trustees or key management have acted as agent for the charity.

Details of key management personnel compensation can be found in note 17 above.

The Frere Educational Trust

The Community is the only member of The Frere Educational Trust, a charitable company limited by guarantee having no share capital. As well as being trustees of The Community of the Resurrection, Fr. Oswin Philip Gartside and Fr. George Paul Alfred Guiver serve as trustees of The Frere Educational Trust.

Some of the brethren of the Community are involved in teaching activities at the College of the Resurrection, which is operated by The Frere Educational Trust, for which they receive no remuneration.

In his capacity as Principal of the College of the Resurrection, Bishop Mark Sowerby is on the trustee board of Yorkshire Theological Education Partnership (YTEP) and St. Hild College. Included in costs of operating the College of the Resurrection (note 11) are accreditation and fees of £14,964 (2024: £10,138) paid to YTEP for the administration of Common Awards. Included in 'Income from Religious Activities' (note 5) is income from St. Hild College for the use of premises and facilities of £58,932 (2024: £57,831).

31 Auditors' ethical standards

In common with many organisations of our size and nature we use our auditors to prepare and submit returns to Companies House and the Charity Commission and assist with preparation of the financial statements and deal with the tax authorities.

Page 49

The Community of the Resurrection Charitable Company Statement of Financial Activities (including income and expenditure account) for year ending 31 August 2025

Company Registration No. 247772 Charity Registration No. 232670

----- Start of picture text -----
Unrestricted Restricted Endowment Total Total
Funds Funds Funds Funds Funds
2025 2024
£'000 £'000 £'000 £'000 £'000
Income and endowments from:
Donations and legacies 329 31 -- 360 459
Charitable activities:
Carrying out religious activities 475 -- -- 475 449
Other trading activities:
Commercial trading 22 -- -- 22 51
Investments 387 19 -- 406 360
Other income -- -- -- -- 136
Total income 1,213 50 -- 1,263 1,455
Expenditure on:
Raising funds:
Fundraising costs 51 -- -- 51 50
Investment management fees 147 -- -- 147 91
Commercial trading 68 -- -- 68 56
266 -- -- 266 197
Charitable activities:
Religious activities 1,330 59 -- 1,389 1,255
Grants made 9 7 -- 16 85
1,339 66 -- 1,405 1,340
Total expenditure 1,605 66 -- 1,671 1,537
Net income/(expenditure) and net
movements in funds before gains
and losses on investments (392) (16) -- (408) (82)
Net gains/(losses) on investments (140) -- 3 (137) 753
Net income/(expenditure) (532) (16) 3 (545) 671
Transfers between funds -- 1 (1) -- --
Net income/(expenditure) and net
movement in funds for the year (532) (15) 2 (545) 671
Reconciliation of funds
Total funds brought forward 13,470 589 47 14,106 13,435
Total funds carried forward 12,938 574 49 13,561 14,106
----- End of picture text -----

THIS PAGE DOES NOT FORM PART OF THE MAIN ACCOUNTS - AND SHOULD NOT BE SUBMITTED

FRERE EDUCATIONAL TRUST (COLLEGE)

----- Start of picture text -----
2025 2024
INCOME £ £
DONATIONS AND GRANTS 16,488 98,919 -83%
FEES AND HOUSING 553,866 422,172 +31%
GUESTS 16,469 21,876 -25%
OTHER 2,047 6,051 -66%
588,870 549,018 +7%
EXPENSES
STAFF 256,609 241,783 +6%
OTHER 305,179 289,608 +5%
561,788 531,391 +6%
SURPLUS/(DEFICIT) 27,082 17,627
MIRFIELD MONASTERY LIMITED (B&B, EVENTS)
2025 2024
INCOME £ £
WEDDINGS & EVENTS 68,804 67,030 +3%
BED & BREAKFAST 18,826 6,213 +203%
87,630 73,243 +20%
EXPENSES
COST OF SALES 20,809 7,133 +192%
ADMIN COSTS 1,695 1,203 +41%
22,504 8,336 +170%
PROFIT 65,126 64,907 +0%
DISTRIBUTION TO PARENT CHARITY (64,907) (46,830) +39%
219 18,077
----- End of picture text -----

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COMMUNITY OF THE RESURRECTION (ONLY)

INCOME DONATIONS AND GRANTS RETREATS, GUESTS, GROUPS BOOKSHOP OTHER TRADING (NOW MM LTD) INVESTMENTS 94 CORNWALL GDNS MIRFIELD PROPERTIES COLLEGE ST HILD YTEP SCHOOL OF MINISTRY OTHER RENTS SALE OF PROPERTY EXPENSES FUNDRAISING INVESTMENT COSTS 94 CORNWALL GDNS MIRFIELD PROPERTIES BOOKSHOP WEDDINGS & EVENTS BED & BREAKFAST SITE COSTS: STAFF MAINTENANCE HOUSEHOLD & LAUNDRY FUTURE FUND RENEWALS CHURCH ELECTRICS GAS ELECTRIC WATER WASTE INSURANCE FUTURE FUND PROF FEES QUINQUENNIAL PENSIONERS PROVISION MOVEMENT OTHER SITE DEPRECIATION	2025 £ 000 360 196 22 19 0 226 161 19 181 59 5 3 12 0 1,263 40 40 100 7 147 16 14 1 31 170 63 13 36 0 131 87 18 6 39 19 103 7 (100) 6 126 724	2024 £ 000 459 -22% 189 +4% 20 +10% 15 +27% 31 -100% 195 +16% 137 +18% 28 -32% 164 +10% 58 +2% 4 +25% 3 +0% 16 -25% 136 -100% 1,455 -13% 39 +3% 24 +67% 53 +89% 14 -50% 91 +62% 14 +14% 15 -7% 6 -83% 35 -11% 171 -1% 50 +26% 28 -54% 3 +1100% 16 -100% 116 +13% 49 +78% 12 +50% 3 +100% 34 +15% 3 +533% 12 +758% 9 -22% (7) +1329% 14 -57% 130 -3% 643 +13%

2 of 4

COMMUNITY OF THE RESURRECTION (ONLY)

2025
£ 000
PECULIUM
13
HOUSE FOR DUTY
9
NEWSPAPERS
2
BRETHREN'S NIC
5
OTHER INCIDENTIALS
8
GRANTS TO RELIGIOUS
47
84
LIBRARY:
STAFF
36
BOOKS & PERIODICALS
7
43
CR QUARTERLY
6
ACADEMIC AND STUDY
7
TRAVEL & WORK DONE
12
OTHER REL ACTIVITY COSTS
6
31
RETREAT COSTS
9
INFIRMARY COSTS
26
GRANTS TO:
FRERE FUND (INVESTMENT INCOME)
9
ZIMBABWE FUND
7
OTHER GRANTS/DONATIONS
-
CATERING:
STAFF
222
PROVISIONS
100
OTHER CATERING
11
333
ADMINISTRATION:
STAFF
92
CONSULTANCY
25
HR
5
ACCOUNTANCY
9
PHOTOCOPIER
4
OTHER ADMIN
9
VAT RECOVERY
-
IT COSTS
27
AUDIT
12
LEGAL COSTS
4
187
TOTAL EXPENDITURE
1,671
INCOME LESS EXPENDITURE
(408)

2024
£ 000
13
+0%
18
-50%
2
+0%
6
-17%
3
+167%
-
42
+100%
32
+13%
9
-22%
41
+5%
5
+20%
3
+133%
14
-14%
9
-33%
31
10
-10%
19
+37%
68
-87%
4
+75%
13
-100%
201
+10%
92
+9%
12
-8%
305
+9%
80
+15%
53
-53%
5
+0%
9
+0%
3
+33%
8
+13%
(9)
27
+0%
11
+9%
9
-56%
196
1,537
+9%
(82)

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COMMUNITY OF THE RESURRECTION (ONLY) INCOME LESS EXPENDITURE NET GAINS/(LOSSES) ON INVESTMENTS PORTFOLIO INVESTMENTS 94 CORNWALL GDNS MIRFIELD MONASTERY LTD SURPLUS/(DEFICIT) - CR ONLY RECONCILIATION TO GROUP ACCOUNTS: FRERE EDUCATION TRUST MIRFIELD MONASTERY LIMITED LESS: MOVEMENT ON MM LTD ABOVE GROUP NET INCOME/EXPENDITURE (PAGE 16)	2025 £ 000 (408) 238 (375) (137) (545) 27 - 0 (518)	2024 £ 000 (82) 510 225 18 753 671 17 18 (18) 688

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